Short Interest in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Drops By 51.1%

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 14,259 shares, a decline of 51.1% from the May 31st total of 29,162 shares. Based on an average daily trading volume, of 642,888 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Pan Pacific International to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Pan Pacific International Stock Down 0.1%

Pan Pacific International stock opened at $10.24 on Tuesday. The business’s 50-day simple moving average is $10.80 and its 200 day simple moving average is $11.77. The stock has a market cap of $16.27 billion and a price-to-earnings ratio of 0.01. Pan Pacific International has a 12-month low of $9.49 and a 12-month high of $15.97.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.